About This Home

This 0-bedroom, 0-bathroom commercial at 405 N Main in Water Valley, MS is listed for $386,000 ($160 per sqft). Built in 1920, the home offers 2,413 sqft of living space on a N/A lot.

Key Features

  • Built in 1920
  • 10 parking spaces

Property Details

10 spaces
1920

Amenities

A/C
Listing Description

Unique mixed-use property located in the heart of downtown with endless possibilities. This versatile building has previously been operated as a bed and breakfast, tanning salon, coffee shop, and retail space. The property features an upstairs apartment with one full bath, providing the opportunity for owner occupancy or additional rental income.

The main level offers two additional bathrooms, for a total of three baths. Excellent location in the center of town with great visibility and convenient access to surrounding businesses. Ideal for retail, office space, salon, caf, lodging, rental income, or a combination of uses. A rare opportunity to own a distinctive downtown property with multiple potential income streams.

Monthly Cost Estimate

$2,064/mo

20% down · 6.5% · 30 years

Principal$279
Interest$1,673
Insurance$113

Estimates only. Actual payments may vary.

Location

405 N Main

Water Valley, MS 38965

Property Details

Construction

Brick

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 405 N Main is listed at $386,000 ($160/sqft). The estimated monthly payment is $2,065 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 10 parking spaces.

This property is listed by Sherry S Fischer.

SF

Sherry S Fischer

Agent at RE/MAX Legacy Realty (BOF)

Listed by RE/MAX Legacy Realty (BOF) · Broker phone: 6626071030 · View on Broker Site · Broker website

MLS# 168489· Source: North Central Mississippi Realtors· 42 days on PropertySimple

Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 N Main, Water Valley, MS 38965

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